(VIANEWS) – USD Partners LP (USDP), Pinnacle West Capital Corporation (PNW), TCW Strategic Income Fund (TSI) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. The payout ratio in itself isn’t a guarantee of a future good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue them.
When investigating a potential investment, the dividend payout ratio is a good statistic to know so here is a list of some companies with an above 30% payout ratio.
1. USD Partners LP (USDP)
823.33% Payout Ratio
USD Partners LP acquires, develops, and operates midstream infrastructure assets and logistics solutions for crude oil, biofuels, and other energy-related products in the United States and Canada. It operates through two segments, Terminalling Services and Fleet Services. The Terminalling Services segment owns and operates Hardisty terminal, an origination terminal for loading various grades of Canadian crude oil onto railcars for transportation to end markets; Stroud terminal, a crude oil destination terminal, which is used to facilitate rail-to-pipeline shipments of crude oil located in Stroud, Oklahoma; Casper terminal, a crude oil storage, blending, and railcar loading terminal located in Casper, Wyoming; and West Colton Terminal, an unit train-capable destination terminals that trans load approximately 13,000 barrels per day ethanol and renewable diesel received by rail from producers onto trucks. The Fleet Services segment provides leased railcars and fleet services related to the transportation of liquid hydrocarbons. It operates a fleet of 200 railcars. USD Partners GP LLC serves as the general partner of the company. The company was incorporated in 2014 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, USD Partners LP has a trailing twelve months EPS of $0.03.
PE Ratio
USD Partners LP has a trailing twelve months price to earnings ratio of 1.27. Meaning, the purchaser of the share is investing $1.27 for every dollar of annual earnings.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 7, 2023, the estimated forward annual dividend rate is 0.49 and the estimated forward annual dividend yield is 89.82%.
Volume
Today’s last reported volume for USD Partners LP is 32288 which is 18.48% above its average volume of 27251.
2. Pinnacle West Capital Corporation (PNW)
76.03% Payout Ratio
Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities, as well as owns and maintains transmission and distribution substations. The company was incorporated in 1985 and is headquartered in Phoenix, Arizona.
Earnings Per Share
As for profitability, Pinnacle West Capital Corporation has a trailing twelve months EPS of $4.59.
PE Ratio
Pinnacle West Capital Corporation has a trailing twelve months price to earnings ratio of 16.47. Meaning, the purchaser of the share is investing $16.47 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.64%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 0.7%, now sitting on 4.7B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 25.5% and a drop 3.7% for the next.
Yearly Top and Bottom Value
Pinnacle West Capital Corporation’s stock is valued at $75.61 at 20:23 EST, way below its 52-week high of $86.03 and way above its 52-week low of $65.20.
Sales Growth
Pinnacle West Capital Corporation’s sales growth for the current quarter is 11.5%.
3. TCW Strategic Income Fund (TSI)
51.06% Payout Ratio
TCW Strategic Income Fund, Inc. is a close-ended balanced mutual fund launched by The TCW Group, Inc. The fund is managed by TCW Investment Management Company. It invests in the public equity and fixed income markets of the United States. The fund makes its investments in securities of companies operating across diversified sectors. For its equity investments, it seeks to invest in growth and value stocks of companies. The fund's fixed income investments are comprised of mortgage related securities, asset-backed securities, money market securities, convertible securities, high yield bonds, collateralized debt obligations (CDOs), and securities issued or guaranteed by the United States Government, its agencies and instrumentalities. It benchmarks the performance of its portfolio against the S&P 500 Index, NASDAQ, and a customized benchmark comprised of Barclays U.S. Aggregate Bond Index, Citigroup High Yield Cash Pay Index, S&P 500 Index, and BofA Merrill Lynch All Convertibles All Qualities. The fund was previously known as TCW Convertible Securities Fund, Inc. TCW Strategic Income Fund, Inc. was formed on January 13, 1987 and is domiciled in the United States.
Earnings Per Share
As for profitability, TCW Strategic Income Fund has a trailing twelve months EPS of $0.47.
PE Ratio
TCW Strategic Income Fund has a trailing twelve months price to earnings ratio of 10.28. Meaning, the purchaser of the share is investing $10.28 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.44%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 17.7%, now sitting on 16.12M for the twelve trailing months.
Volume
Today’s last reported volume for TCW Strategic Income Fund is 223472 which is 49.71% above its average volume of 149267.
4. BCB Bancorp (BCBP)
41.03% Payout Ratio
BCB Bancorp, Inc. operates as a bank holding company for BCB Community Bank that provides banking products and services to businesses and individuals in the United States. The company offers deposit products, including savings and club accounts, interest and non-interest-bearing demand accounts, money market accounts, certificates of deposit, and individual retirement accounts. It also provides loans, such as commercial and multi-family real estate, one-to-four family mortgage, commercial business, small business administration, construction, home equity and lines of credit, and consumer loans, as well as residential loans secured by one-to-four family dwellings, condominiums, and cooperative units. In addition, the company offers retail and commercial banking services comprising wire transfers, money orders, safe deposit boxes, night depository services, debit cards, online and mobile banking services, fraud detection services, and automated teller services. As of December 31, 2021, it operated 29 branch offices in Bayonne, Carteret, Edison, Hoboken, Fairfield, Holmdel, Jersey City, Lyndhurst, Maplewood, Monroe Township, Newark, Parsippany, Plainsboro, River Edge, Rutherford, South Orange, Union, and Woodbridge, New Jersey, as well as three branches in Staten Island and Hicksville, New York. The company was founded in 2000 and is headquartered in Bayonne, New Jersey.
Earnings Per Share
As for profitability, BCB Bancorp has a trailing twelve months EPS of $1.56.
PE Ratio
BCB Bancorp has a trailing twelve months price to earnings ratio of 6.44. Meaning, the purchaser of the share is investing $6.44 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.82%.
Moving Average
BCB Bancorp’s worth is under its 50-day moving average of $10.08 and below its 200-day moving average of $10.95.
Yearly Top and Bottom Value
BCB Bancorp’s stock is valued at $10.04 at 20:23 EST, way under its 52-week high of $13.90 and above its 52-week low of $9.19.
Volume
Today’s last reported volume for BCB Bancorp is 101676 which is 114.68% above its average volume of 47361.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 40% and a negative 20.5%, respectively.
5. Gladstone Investment Corporation (GAIN)
38.87% Payout Ratio
Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options. The fund does not invest in start-ups. The fund seeks to invest in manufacturing, consumer products and business/consumer services sector. It seeks to invest in small and mid-sized companies based in the United States. The fund prefers to make debt investments between $5 million and $30 million and equity investments between $10 million and $40 million in companies. The fund seeks to invest in companies with revenue between $20 million and $100 million. The fund invests in companies with EBITDA from $3 million to $20 million. It seeks minority equity ownership and prefers to hold a board seat in its portfolio companies. It also prefers to take majority stake in its portfolio companies. The fund typically holds the investments for seven years and exits via sale or recapitalization, initial public offering, or sale to third party.
Earnings Per Share
As for profitability, Gladstone Investment Corporation has a trailing twelve months EPS of $2.47.
PE Ratio
Gladstone Investment Corporation has a trailing twelve months price to earnings ratio of 5.69. Meaning, the purchaser of the share is investing $5.69 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 18.3%.
1. 1 (1)
1% Payout Ratio
1
Earnings Per Share
As for profitability, 1 has a trailing twelve months EPS of $1.
PE Ratio
1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $1 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 1%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
